GM says its EV business has become ‘variable profit positive’— but experts say the automaker is still a ways out before it starts making money on electric cars
In the last quarter of 2024, General Motors said it had become “variable profit positive” for the first time for its electric ...
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GM Announces Record Profit-Sharing Checks of Up to $14,500 for Workers Amid Financial Ups and Downs
GM announced profit-sharing checks up to $14,500 for 45,000 U.S. hourly workers, a record linked to its strong pre-tax ...
General Motors workers to receive record profit-sharing checks as EV production uncertain under Trump
General Motors announced record-breaking profits, which workers will see in their pockets with a $14,500 check.
GM's Electric Vehicles Finally Earned More Than They Cost to Make
General Motors announced that its EVs became "variable profit positive" last year, earning more money than the labor and ...
Tesla’s Profit Fell Sharply Last Year
The electric car company run by Elon Musk is facing increasing competition, but investors have focused mostly on the ...
electrive16h
GM minimises losses from electric cars
According to the recently published annual report, General Motors is making progress with the cost structure of its electric ...
General Motors' SWOT analysis: stock outlook amid EV push, pricing pressures
General Motors Company (NYSE:GM), a leading American automaker, finds itself at a critical juncture as it navigates the ...
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3 Electric Vehicle Manufacturers Accelerating the EV Revolution
EV manufacturers are driving the EV revolution forward, fueled by rising consumer demand, technological progress, and ...
American Axle's latest acquisition highlights its long rise from near death
American Axle spun off from GM in 1996, nearly crashed during the recession and, with a $1.4 billion buy of UK's Dowlais, ...
Trump tariffs: Companies race to ship goods to the US
In recent months, plenty of business executives have said they were taking a wait-and-see approach to U.S. President Donald ...
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Musk downplays impact of his right-wing, Trump pandering as Tesla profit drops 71pc from growing EV competition
Tesla reported lower than expected profits yesterday but confirmed key 2025 benchmarks, saying it will return to sales volume ...
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